In current financial, economical and political crisis, with the progressive downgrading of the States and the world’s GDPs dropping, the strong flows of financial, social and relational capital that powered urban regeneration over the last fifteen years are no longer available to be tapped in on in an indiscriminate manner as it seems was the case until just a few years ago. The most dynamic ci...

Extensive sorting of high-performing teachers into the most advantaged schools contributes to wide socioeconomic achievement gaps in many countries. The Chilean Pedagogical Excellence Assignment (AEP) pays bonuses that are larger if they work at a disadvantaged school. Using sharp regression discontinuity based on program's eligibility rules, we estimate how award affects where choose work. bon...

A recent study by Hong and Kazperczyk (2005) finds that sin stocks – publicly-traded stocks in the gaming, tobacco, and alcohol industries are neglected by the stock market despite generating abnormal stock returns. We examine a rational explanation for their findings. Are the excess returns and investor neglect of sin stocks attributable to higher levels of information risk arising from poor f...

Increased globalization of financial and product markets has raised the interest of both market participants and regulators in the quality of financial reporting worldwide. The rise in the volatility of stock returns across the globe in the past couple of years has also been a concern. Could greater transparency in financial statement information reduce volatility and produce more accurate stoc...

This paper assesses the relationship among energy consumption, financial development, economic growth, industrialization and urbanization in Tunisia from 1971-2008. The autoregressive distributed lag bounds testing approach to cointegration and Granger causality tests are employed for the analysis. The result confirms the existence of long-run relationship between energy consumption, economic g...

This paper presents hypotheses and a novel examination of the influence set conditional factors concerning regional industries, startup culture, ecosystem collaboration non-financial investor resources on perceived access to finance. We conducted survey 131 nascent, early-phase or mature startups founders associated with entrepreneurial ecosystems in rural urban Norway. The data were analyzed u...

from among the major problems of iran's present financial resources allocation system, one could refer to unclear relations between financial resources allocation policies and economic indicators as well as insufficient attention to the allocations according to projects priorities, absence of a controlled mechanism for allocation aimed for decreasing or eliminating deviations from the plan...